NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
1959 Built

Sale Details

Date Sold: October 5, 2020

Last sale price $499,000

9 Days on Market

About This Home

As of October 2020

Rare opportunity to own a solid investment in Brookfield. Brick 3 unit building featuring two spacious 3bdm 2bth apartments. Newer roof and boiler, parking for 8 cars, coin laundry, storage, highly rated schools. The building has an excellent rental history. Current rents gross $48,6000 per year. Located in a convenient location near schools, parks, Brookfield Zoo and transportation. Great building, excellent investment.

Last Agent to Sell the Property

David Kumskis

One Eighty Real Estate Group License #471012724 Listed on: 07/05/2020

Last Buyer's Agent

Mimi Luna

Luxe Group Real Estate License #471020116

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,929

Year Built

  • Built in 1959

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • English Basement

Parking

  • 5 Parking Spaces
  • Driveway
  • On-Street Parking
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Lot Details

  • Lot Dimensions are 50x125
  • Additional Parcels

Schools

  • Riverside Brookfield Twp Senior High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $48,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,929

Year Built

Built in 1959

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: English
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Side Apron, Driveway
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiant, Radiator(s)
  • Water Source: Lake Michigan, Public

Schools

  • High School: Riverside Brookfield Twp Senior

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 48600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11929
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2020
Closed on
Aug 28, 2020
Sold by
Cook Andrew E and Laffin Julie
Bought by
Seller's Agent
David Kumskis
One Eighty Real Estate Group
Buyer's Agent
Mimi Luna
Luxe Group Real Estate
List Price
$505,000
Sold Price
$499,000
Premium/Discount to List
-$6,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,374
Interest Rate
3.12%
Mortgage Type
VA

Purchase Details

Closed on
May 8, 2002
Sold by
Menear John
Bought by
Cook Andrew E and Laffin Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 1997
Sold by
Stasi Michael A and Stasi Rita A
Bought by
Menear John
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$499,000 Chicago Title
Cook Andrew E -- First American Title
Menear John $235,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $510,374
Previous Owner Cook Andrew E $248,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $499,000 -1.2% --
07/14/2020 07/14/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $505,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,786 $32,861 $2,188 $30,673
2024 $10,786 $32,861 $2,188 $30,673
2023 $12,454 $32,861 $2,188 $30,673
2022 $12,454 $32,626 $1,875 $30,751
2021 $12,111 $32,625 $1,875 $30,750
2020 $15,017 $38,136 $1,875 $36,261
2019 $9,139 $23,174 $1,718 $21,456
2018 $8,775 $23,174 $1,718 $21,456
2017 $8,089 $23,174 $1,718 $21,456
2016 $7,317 $19,657 $1,562 $18,095
2015 $7,033 $19,657 $1,562 $18,095
2014 $6,931 $19,657 $1,562 $18,095
2013 $7,274 $22,086 $1,562 $20,524
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10771118

Midwest Real Estate Data (MRED)
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